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CSIQ vs. ALB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

CSIQ vs. ALB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canadian Solar Inc. (CSIQ) and Albemarle Corporation (ALB). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-35.13%
-12.66%
CSIQ
ALB

Returns By Period

In the year-to-date period, CSIQ achieves a -55.01% return, which is significantly lower than ALB's -23.30% return. Over the past 10 years, CSIQ has underperformed ALB with an annualized return of -8.15%, while ALB has yielded a comparatively higher 7.41% annualized return.


CSIQ

YTD

-55.01%

1M

-6.57%

6M

-35.13%

1Y

-42.77%

5Y (annualized)

-4.60%

10Y (annualized)

-8.15%

ALB

YTD

-23.30%

1M

16.74%

6M

-12.66%

1Y

-11.89%

5Y (annualized)

12.36%

10Y (annualized)

7.41%

Fundamentals


CSIQALB
Market Cap$780.86M$12.88B
EPS$0.48-$16.76
PEG Ratio0.133.82
Total Revenue (TTM)$4.60B$6.50B
Gross Profit (TTM)$816.94M-$769.26M
EBITDA (TTM)$531.18M-$2.03B

Key characteristics


CSIQALB
Sharpe Ratio-0.60-0.25
Sortino Ratio-0.610.03
Omega Ratio0.931.00
Calmar Ratio-0.52-0.19
Martin Ratio-1.20-0.51
Ulcer Index36.00%28.94%
Daily Std Dev71.87%58.90%
Max Drawdown-96.02%-77.22%
Current Drawdown-81.61%-65.59%

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Correlation

-0.50.00.51.00.4

The correlation between CSIQ and ALB is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

CSIQ vs. ALB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and Albemarle Corporation (ALB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for CSIQ, currently valued at -0.60, compared to the broader market-4.00-2.000.002.004.00-0.60-0.25
The chart of Sortino ratio for CSIQ, currently valued at -0.61, compared to the broader market-4.00-2.000.002.004.00-0.610.03
The chart of Omega ratio for CSIQ, currently valued at 0.93, compared to the broader market0.501.001.502.000.931.00
The chart of Calmar ratio for CSIQ, currently valued at -0.52, compared to the broader market0.002.004.006.00-0.52-0.19
The chart of Martin ratio for CSIQ, currently valued at -1.20, compared to the broader market-10.000.0010.0020.0030.00-1.20-0.51
CSIQ
ALB

The current CSIQ Sharpe Ratio is -0.60, which is lower than the ALB Sharpe Ratio of -0.25. The chart below compares the historical Sharpe Ratios of CSIQ and ALB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.20-1.00-0.80-0.60-0.40-0.200.00JuneJulyAugustSeptemberOctoberNovember
-0.60
-0.25
CSIQ
ALB

Dividends

CSIQ vs. ALB - Dividend Comparison

CSIQ has not paid dividends to shareholders, while ALB's dividend yield for the trailing twelve months is around 1.47%.


TTM20232022202120202019201820172016201520142013
CSIQ
Canadian Solar Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ALB
Albemarle Corporation
1.47%1.11%0.73%0.67%1.04%2.02%1.74%1.00%1.42%2.07%1.83%1.51%

Drawdowns

CSIQ vs. ALB - Drawdown Comparison

The maximum CSIQ drawdown since its inception was -96.02%, which is greater than ALB's maximum drawdown of -77.22%. Use the drawdown chart below to compare losses from any high point for CSIQ and ALB. For additional features, visit the drawdowns tool.


-80.00%-75.00%-70.00%-65.00%-60.00%JuneJulyAugustSeptemberOctoberNovember
-81.61%
-65.59%
CSIQ
ALB

Volatility

CSIQ vs. ALB - Volatility Comparison

Canadian Solar Inc. (CSIQ) has a higher volatility of 35.45% compared to Albemarle Corporation (ALB) at 17.30%. This indicates that CSIQ's price experiences larger fluctuations and is considered to be riskier than ALB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%JuneJulyAugustSeptemberOctoberNovember
35.45%
17.30%
CSIQ
ALB

Financials

CSIQ vs. ALB - Financials Comparison

This section allows you to compare key financial metrics between Canadian Solar Inc. and Albemarle Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items